Good governance helps PetroVietnam achieve impressive growth Business

Good governance helps PetroVietnam achieve impressive growth

The Vietnam Oil and Gas Group (PetroVietnam) enjoyed impressive production and business results in the first four months of 2021, thanks to its efforts to address bottlenecks to stimulate production and improve governance, besides an increase in oil prices.
PetroVietnam: 45-year mission of oil exploration Business

PetroVietnam: 45-year mission of oil exploration

Throughout its 45-year history of operation, the Vietnam Oil and Gas Group (PetroVietnam) has faced numerous difficulties and challenges, but with the trust and support of the Party and State, the group has weathered all storms to fulfill its mission and contribute greatly to national socio-economic development.
Malaysia's FDI rises 3.1 percent in 2019 ASEAN

Malaysia's FDI rises 3.1 percent in 2019

Malaysia's foreign direct investment (FDI) increased 3.1 percent to 31.7 billion ringgit last year from 30.7 billion ringgit recorded in 2018, according to the Department of Statistics Malaysia (DOSM).
PV Gas’s Jan-May revenue surpasses goal despite pandemic Business

PV Gas’s Jan-May revenue surpasses goal despite pandemic

The PetroVietnam Gas Corporation (PV Gas), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), reported nearly 27.6 trillion VND (1.18 billion USD) in revenue between January and May, more than 6 percent higher than its target for the period.
PetroVietnam's crude oil output in Jan-April exceeds set target Business

PetroVietnam's crude oil output in Jan-April exceeds set target

The Vietnam Oil and Gas Group (PetroVietnam)’s exploited crude oil output in the first four months of 2020 reached 7.2 million tonnes of oil equivalent, exceeding its set target by 7.7 percent, despite difficulties caused by the COVID-19 pandemic and a sharp decrease in oil prices.
Ministry to support businesses to ensure budget revenue Business

Ministry to support businesses to ensure budget revenue

The Ministry of Finance will focus on improving the business climate and creating favourable conditions for businesses to accelerate growth, which is important to ensure State budget revenue amid the COVID-19 pandemic's impacts on socio-economic development.
Cambodia’s economy impacted by record-low oil prices World

Cambodia’s economy impacted by record-low oil prices

A grim report on the world economy by the International Monetary Fund (IMF) announced on April 15 caused oil prices to continue to slide, with international prices hitting the lowest level since 2002 as planned output cuts were deemed insufficient to offset a COVID-19-fuelled slump in demand.